• FOUNDING YEAR: 2012
    LOCATION:
    South Africa
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
YOCO App for POS System.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Small businesses
EXISTING PARTNERSHIPS:
Feedzai, payworks, Miura Systems

PEOPLE

FOUNDERS:
Katlego Maphai, Carl Wazen, Lungisa Matshoba, Bradley Wattrus
Board Members and Advisors:
Karabo Morule, Cornelia Mueller, Charles Niehaus, Katlego Maphai, Carl Wazen, Bradley Wattrus, Lungisa Matshoba
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
PAR Technology Corp, Orange, FMO, Accion, Velocity Capital Private Equity, Futuregrowth, Quona Capital, Venture Souq, CRE Venture Capital, Hard Yaka, Globivest

TRACTION

VALUATION / MARKET CAP:
$11 MM in 2017
TRANSACTIONS VALUE:
$1 MM

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$23.1 Millions
DATE OF LAST FUNDING:
Sep 2018
TOTAL FUNDING COMMENT:
The company will use the funds to build up its user base and to add more product features. (Sep. 2018)
SEED & PRIOR FUNDING:
$4.1 Millions
SEED CLOSED ON:
Oct 2015
FUNDING SERIES:
SERIES A
$3 Millions Closed: Mar 2017
SERIES B
$16 Million Closed: Sep 2018
LISTED:
NO

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